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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Department of Defense (DOD). 428 million of the total $950 million DOJ settlement stems from the FCA violations.

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Price Reasonableness Analysis: A Bid Evaluation Stage in Public and Project Procurement

The Procurement ClassRoom

Price analysis can be considered a stage of bid evaluation depending on the provisions of a legal and regulatory framework. It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier.

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The Annual ICC FIDIC Conference Recap (Part I): Challenges and Emerging Trends in Construction Dispute Resolution

Kluwer Arbitration

While the FIDIC’s 1999 Silver Book does not mention concurrent delay, the 2017 version requires the parties to adopt rules and procedures to deal with this issue. In 2017, the English court held that there is no policy reason why such anti-concurrency clause should not be upheld (North Midland Building Ltd v Cyden Homes Ltd [2017] EWHC).

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Friday Flash 10/25/2024

The Coalition for Government Procurement

Keynote Panel— Former Secretaries on What’s Next for the VA Moderator: Thomas Bowman , Former Deputy Secretary of Veterans Affairs (2017-2018), CEO, TGB Strategies (confirmed) Anthony Principi , Former Secretary of Veterans Affairs (2001- 2005), Principal, The Principi Group (confirmed) Dr. James Peake , M.D., James Peake , M.D.,

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Friday Flash 10/11/2024

The Coalition for Government Procurement

During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; Supply Chain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update. James Peake , M.D.,

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Violations of Competition Law as Grounds for Setting Aside Arbitral Awards: Lessons from the Paris Court of Appeal in GBO v. CAI

Kluwer Arbitration

In 2017, CAI granted a license to GBO to use CAI’s trademarks, such as Disney, for the purpose of distributing CAI’s branded shoes in Germany, Austria, and Switzerland. Despite negotiations, GBO notified CAI that the agreement was terminated, alleging several breaches. CAI manufactured shoes in Asia.

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Guiding Cases 199-201 Issued by the PRC Supreme People’s Court—Further Steps Toward a Pro-Arbitration Regime

Kluwer Arbitration

Back in 2017, seven Chinese authorities (including the People’s Bank of China and the China Securities Regulatory Commission) jointly issued the Announcement on Preventing the Financing Risks on Initial Coin Offerings. In determining the value of the bitcoins, the tribunal referred to the bitcoin price provided on the Okcoin website.

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